On March 16, 2026, Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) announced its preliminary financial results for the fourth quarter and full year ended December 31, 2025. The company reported a net loss of $45.0 million for the fourth quarter, compared to a net loss of $9.8 million in the same period last year. For the full year, the net loss was $69.9 million, significantly higher than the $40.6 million loss reported in 2024. Despite these losses, Dragonfly Energy highlighted a 16% increase in revenue for the full year, driven by a 34% growth in OEM sales, which reached $36.9 million. The company also announced a series of cost-cutting measures, including a 20% reduction in executive salaries and a targeted workforce reduction, expected to generate approximately $8.9 million in annualized savings. These initiatives aim to improve the company's cost structure and align its operations with shareholder interests. The company anticipates a revenue of $9.5 million and an adjusted EBITDA loss of $4.6 million for the first quarter of 2026, reflecting ongoing challenges in the RV market. Dragonfly Energy's management remains focused on enhancing operational efficiency and expanding OEM relationships to support a path to profitability.

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